Eugene Gerden


Eugene Gerden writes about the Russian auto industry from his base in St. Petersburg.

GM, Ford Boosting Russian Production, Bringing New Models to Market
Two factors pushing sales are deferred demand and the average age of a car, which generally exceeds 10 years. "The Russian middle class is growing, with nine of the 10 best-selling cars in the country being foreign,” a GM executive says.
Luxury Auto Makers Finding No Bear Market in Russia 
Russian demand for upscale cars has been stable; sales of premium brands in the country not only declined less than other market segments during the 2008-2009 global recession but also recovered more quickly.
Russian Auto Maker Avtotor, Magna Partnering in Cluster Production Project
The manufacturing complex is expected to comprise 21 new plants, six of which will produce cars, while the remaining 15 will specialize in auto parts. GM, BMW and key suppliers are viewed as potential partners.
Renault, Nissan Shake Up Russian Market 
The Russian government hopes the foreign investors will shore up AvtoVAZ and maintain Lada production, although the auto maker has halted production of its iconic but slow-selling Lada 7 model.
Russia’s WTO Entry May Hurt Local Auto Makers 
Used-car imports into Russia are estimated at 100,000 units a year, but some forecasts see volume rising to about 500,000 annually.
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